CleanTechnica EVs

DECEMBER 22, 2022

The Inflation Reduction Act signed into law in August significantly altered the federal tax credit for electric cars. Tesla exceeded that limit in January, 2020, General Motors exceeded the limit in April, 2020, and Toyota exceed it in October […].

Tax Credit 134

Tax Credit Tax Electric Cars General Motors 134

Green Car Reports

MARCH 20, 2018

later this year, it will begin a phasedown process during which the income-tax credits available to its buyers start to dwindle on a set schedule. General Motors is likely to hit the same cap a couple of quarters after Tesla. With Tesla likely to hit 200,000 electric cars sold in the U.S.

Tax Credit 131

Tax Credit Tax Electric Cars General Motors 131

Green Car Reports

NOVEMBER 27, 2021

General Motors confirmed that it’s listed the. -bound models and 60 U.S. showrooms starting next year? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending November 26, 2021.

Tax Credit 209

Tax Credit Hummer Cadillac General Motors 209

CleanTechnica EVs

JANUARY 5, 2024

You’ve probably been frustrated this week if you were waiting for 2024’s cash rebate program to buy a General Motors. continued] The post Don’t Worry If Your Favorite GM EV Doesn’t Qualify For A Federal Tax Credit appeared first on CleanTechnica.

Tax Credit 125

Tax Credit Tax GM General Motors 125

Electrek

OCTOBER 28, 2022

General Motors CEO Mary Barra spoke with analysts Tuesday, saying GM’s EV models will be able to qualify for the full tax credit in two to three years. The post Mary Barra claims GM’s electric vehicles will qualify for the full tax credit in ‘2 to 3 years’ appeared first on Electrek.

Tax Credit 133

Tax Credit Tax Electric Vehicles General Motors 133

Green Car Reports

DECEMBER 19, 2017

Senate and House of Representatives retained a number of provisions originally slated to be cut from the tax code. Among them was the federal income-tax credit for purchase of a plug-in electric vehicle. Three carmakers—General Motors, Nissan, and Tesla—have now used more than half.

Tax Credit 123

Tax Credit Tax General Motors Electric Cars 123

The Truth About Cars

MAY 27, 2021

Changes include raising the federal EV tax rebate ceiling to $12,500 and opening the door for automakers who already exhausted their production quotas. It’s good news for General Motors, which recently begged the government for just […].

Tax Credit 117

Tax Credit Financing Tax General Motors 117

Teslarati

JANUARY 30, 2024

General Motors ( NYSE: GM ) reported strong quarterly earnings for Q4 2023 today, but electric vehicle fans might be disappointed with the company’s outlook. The post General Motors reports strong quarter, but EV fans might be disappointed appeared first on TESLARATI. billion, better than the $39.53

General Motors 105

General Motors Motoring Motors Motor 105

Green Car Reports

FEBRUARY 24, 2017

A major contributor to electric-car sales is the program under which buyers of new electric cars qualify for a federal income-tax credit of up to $7,500. But these tax credits are not unlimited.

Tax Credit 135

Tax Credit Tax Electric Cars GM 135

Green Car Congress

APRIL 14, 2009

million in tax credits to four battery companies announcing plans to invest more than $1.7 The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.; and LG Chem-Compact Power Inc. A123Systems Inc.

Tax Credit 150

Tax Credit Michigan Li-ion Tax 150

InsideEVs

OCTOBER 27, 2022

Honda’s new GM Ultium-based Prologue will be eligible for the $7,500 federal tax credit because it’s US-made.

General Motors 124

General Motors Tax Credit Connect Connected 124

Teslarati

FEBRUARY 12, 2024

General Motors (GM) has confirmed the starting price of the Chevy Equinox EV, a vehicle that will be competing in the highly-contested electric crossover segment. The vehicle comes with a single-motor, front-wheel drive configuration, and it will be equipped with 19-inch wheels, a 17.7-inch

General Motors 87

General Motors Price Motors Motoring 87

The Truth About Cars

MARCH 6, 2024

Honda leaned on General Motors to help get its EV program off the ground here in the U.S., The automaker recently announced that its upcoming Prologue EV would be eligible for federal tax credits of $7,500, meaning buyers can get around 15 percent off the SUV’s purchase price at the point of sale.

Tax Credit 104

Tax Credit Tax Honda General Motors 104

CleanTechnica EVs

JUNE 4, 2023

billion in Inflation Reduction Act production tax credits this year. That will put the two companies far ahead of the estimated $480 million that General Motors and LG Energy Solution are expected to receive. Benchmark Mineral Intelligence is reporting that Tesla and Panasonic are expected to receive about $1.8

Tax Credit 120

Tax Credit Tax General Motors Tesla 120

Electrek

APRIL 17, 2023

General Motors shared Monday that it now leads the industry in the number of EV models that qualify for the full $7,500 tax credit. GM expects its entire lineup of electric vehicles under the MSRP cap to be eligible for the full EV tax credit in 2023.

Tax Credit 111

Tax Credit Tax GM General Motors 111

Teslarati

APRIL 17, 2023

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. Fleet customers including for BrightDrop and the Chevrolet Silverado EV will benefit from the $7,500 commercial incentive,” stated General Motors.

Tax Credit 104

Tax Credit Silverado Chevrolet Tax 104

Green Car Reports

AUGUST 29, 2019

In a little more than a month, General Motors will face a slightly stronger headwind in its ability to sell electric vehicles—and, perhaps, make money from them.

Tax Credit 138

Tax Credit Tax Chevrolet General Motors 138

Green Car Reports

AUGUST 29, 2019

General Motors is facing a slightly stronger headwind in its ability to sell electric vehicles—and, perhaps, make money from them.

Tax Credit 137

Tax Credit Tax Chevrolet General Motors 137

Green Car Reports

NOVEMBER 4, 2018

General Motors is already shaping up to be second only to Tesla in blasting past the 200,000-vehicle ceiling for the federal EV tax credit; and it has plans to produce 20 new fully electric vehicles by 2023.

Tax Credit 163

Tax Credit General Motors Global GM 163

Green Car Reports

OCTOBER 24, 2018

Beginning next April, buyers of General Motors’ electric vehicles and plug-in hybrids won’t be getting the same break on their purchase as those who buy those vehicles from any other brand. Any other brand but Tesla, that is.

Tax Credit 144

Tax Credit GM Tax General Motors 144

InsideEVs

JANUARY 4, 2024

General Motors will pay out of pocket to keep its prospective customers happy.

Tax Credit 120

Tax Credit General Motors Tax GM 120

InsideEVs

JUNE 5, 2023

That's far more what General Motors and Ford are expected to receive.

Tax Credit 128

Tax Credit General Motors Tax Ford 128

Green Car Reports

FEBRUARY 22, 2018

market without the $7,500 federal tax credit for their purchases of plug-in vehicles. While the tax credit ended up surviving the massive tax-cut bill passed in December, some automakers are still about to face the end of the incentive. Toward the end of last year, electric-car shoppers began to think about a U.S.

Tax Credit 108

Tax Credit Tax Electric Cars Sale 108

Green Car Congress

FEBRUARY 24, 2012

Volts with the Low Emissions Package, which is standard for California, began shipping from the General Motors Detroit-Hamtramck plant this week and should begin arriving at the more than 140 participating Chevrolet dealerships in California before the end of the month.

Volt 220

Volt Chevrolet 2012 Emissions 220

EV Adoption

FEBRUARY 23, 2021

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.

Tax Credit 98

Tax Credit Tax Sale Plug-in 98

Teslarati

DECEMBER 29, 2022

EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. federal tax credit includes EVs made by fourteen manufacturers. General Motors, Kia, Mazda, Mercedes-Benz, Proterra, and Subaru were also on the list. 2022-2023 Ford E-Transit.

Tax Credit 114

Tax Credit Tax Tesla PHEV 114

Teslarati

AUGUST 17, 2022

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. Under the new law, only EVs assembled in North America qualify for the credits. You can also reach me on Twitter @JohnnaCrider1.

Tax Credit 102

Tax Credit Tax North America Hummer 102

Teslarati

FEBRUARY 7, 2023

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

Tax Credit 114

Tax Credit Tax Tesla Price 114

Green Car Congress

OCTOBER 28, 2009

Fisker Automotive has selected the GM Wilmington Assembly plant in Wilmington, Delaware for production for Project NINA, the development and build of a family-oriented plug-in hybrid sedan costing about $39,900 after federal tax credits. Fisker Automotive has signed a letter of intent with Motors Liquidation Co. Earlier post.).

Fisker 186

Fisker GM Tax Credit Production 186

Green Car Reports

NOVEMBER 1, 2018

Just as General Motors prepared to release record profits on Wednesday, the respected Union of Concerned Scientists took issue with the company's plan last week to develop a plan to require electric car sales nationwide.

GM 129

GM Tax Credit Electric Cars All-Electric 129

The Truth About Cars

APRIL 17, 2023

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. government decides it doesn’t like that year. Image: Jan Hendrik/Shutterstock] Become a& TTAC& insider.

Tax Credit 97

Tax Credit Tax North America Chevrolet 97

Plug in America

JANUARY 5, 2021

If you purchased a new electric vehicle (EV) or charging equipment in 2020, you may be eligible to receive valuable tax credits. If you have questions regarding these tax credits, we recommend that you consult your tax advisor. Use IRS Form 8911 to claim this credit.

Tax Credit 74

Tax Credit Tax Electric Vehicles Charging 74

Green Car Congress

APRIL 7, 2009

Granholm signed legislation that increases tax incentives for companies that develop and manufacture advanced batteries. The new law adds an additional $220 million in refundable tax credits for companies involved in the development and application of advanced-battery research, engineering, and manufacturing.

Michigan 150

Michigan Tax Tax Credit Companies 150

Green Car Reports

MARCH 7, 2018

General Motors CEO Mary Barra told energy conference attendees in Houston on Wednesday the automaker would increase production of its newest electric vehicle, push for a single fuel-economy standard nationwide, and support expanding tax credits for electrified vehicles.

Fuel Economy 113

Fuel Economy Economy Tax Credit Standards 113

Green Car Congress

APRIL 14, 2017

General Motors will add more than 1,100 new jobs and invest $14 million in a new research and development facility for Cruise Automation in San Francisco. California Governor Jerry Brown’s Office of Business and Economic Development (GO-Biz) allocated an $8 million tax credit to GM Cruise for this expansion. Earlier post.)

San Francisco 150

San Francisco GM California Tax Credit 150

Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. First, the easy part: How do I claim the $7,500 EV tax credit?

Tax Credit 72

Tax Credit Tax Electric Vehicles North America 72

Green Car Congress

MARCH 25, 2010

In June 2009, the State of Louisiana announced a performance-based incentive package of more than $133 million of infrastructure, tax credits, tax abatements and customized training as part of a Cooperative Endeavor Agreement (CEA) with VVC in which the company agreed to renovate and expand a former General Motors plant in Monroe.

San Diego 186

San Diego Louisiana Vehicles Tax Credit 186